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US Bank has started testing a bank-backed digital dollar on the Stellar public blockchain, marking one of the first times a major U.S. lender has piloted stablecoin payments on an open network with built-in regulatory controls. The trial, conducted with help from the Stellar Development Foundation a

JPMorgan Chase closed the bank accounts of Strike CEO Jack Mallers in September without providing specific reasons, renewing scrutiny over whether financial institutions continue to deny services to cryptocurrency executives despite a presidential directive banning the practice. The bank cited "conc

A senior Bank of England official called for stronger regulatory coordination between the U.S. and Britain on stablecoins, announcing the central bank will publish softened proposals next week that apply only to cryptoassets deemed capable of widespread payment use. What to Know: The Bank of England

The American Bankers Association and 52 state banking groups are pressing the Treasury Department to strictly enforce a federal ban on interest payments for stablecoins used in transactions, warning that loopholes could drain deposits from traditional banks and cripple lending to small businesses an

The United States is leading efforts to persuade global banking regulators to reconsider cryptocurrency exposure standards scheduled to take effect in 2026, according to people familiar with the matter. The push comes as the stablecoin sector has grown substantially since the Basel Committee on Bank